Land for sale
Commercial land for sale
Prime 646SQM Land
About this property
Joint Venture Overview An exceptional Joint Venture opportunity is available on a prime 646sqm parcel of land located within Sangotedo, Lagos. Positioned in a rapidly developing and highly sought-after part of the Lekki axis, this property offers an attractive opportunity for a developer or investor looking to undertake a well-structured residential development with a clear and straightforward JV arrangement. The proposed development is for the construction of two units of fully detached duplexes, designed to maximize the potential of the site while creating premium residential units suitable for the Sangotedo market. Property & JV Details Land Size: 646sqm Location: Sangotedo, Lagos Title: Governor's Consent Land Value: ₦200 Million Development Proposal: 2 Units of Fully Detached Duplexes Sharing Ratio: 50/50 Premium: None Facilitators' Fee: 10% Development Potential The location provides an excellent setting for a premium residential development, with Sangotedo continuing to attract significant residential growth and investment along the Lekki-Epe corridor. The proposed two-unit fully detached duplex development offers an opportunity to create spacious, contemporary homes targeted at families and buyers seeking quality accommodation within a secure and well-positioned estate environment. With no premium payable, the JV structure provides a relatively straightforward framework for parties to collaborate on the development while sharing the completed units on an agreed 50/50 basis. Why This Opportunity Stands Out Prime 646sqm development site Located within an established estate Strategic position along Monastery Road, Sangotedo Governor's Consent title Clear residential development proposal Opportunity to develop 2 fully detached duplexes Attractive 50/50 sharing structure No premium Suitable for experienced developers and property investors Strong potential within the growing Sangotedo/Lekki corridor Ideal JV Partner This opportunity is particularly suitable for a reputable real estate developer, construction company, or property investor with the capacity and expertise to execute a premium residential development. It presents an opportunity to partner with the landowner under a clearly defined 50/50 Joint Venture arrangement, subject to mutually agreed development terms and documentation. Financial Details Land Value: ₦200,000,000 Sharing Ratio: 50/50 Premium: None Facilitators' Fee: 10% Serious developers and investors are invited to enquire for further details, documentation, and inspection.
Property details
Area guide — Ajah
Interesting Facts
Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.
Leisure and Shopping
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Com...
Popular Estates
Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville...
Day Life
Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to...
Night Life
Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of op...
Schools
Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Cr...
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